Despite long sessions in Congress debating the Higher Education Act Reauthorization, 2006 looms large with no significant changes in federal financial aid for students. Natural disasters and intense political debate delayed the Congressional re-authorization of the Higher Education Act, which means that students who were hoping for an increase in federal financial aid will have to wait until the next academic year for any changes by Congress. As a result, students, parents, and families who need financial aid to cover education expenses are increasingly turning to alternative student loans to bridge the gap between unchanging federal financial aid and increasing tuition bills. (PRWeb Dec 20, 2005)

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Students, parents, and families looking to qualify for more federal financial aid have a new guide in their search, the FAFSAonline.com FAFSA Walkthrough. In addition to helping students complete the FAFSA correctly, it offers tips for how students can qualify for the most federal financial aid possible. (PRWeb Dec 7, 2005)

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Two potential developments in student loans are being eyed by college graduates across the United States as 2005 winds down — Congressional legislation that could make consolidating student loans more expensive, and rising interest rates that could cause monthly payments to balloon in 2006. However, one option available for graduates to protect themselves against significant changes in the cost of their loans is student loan consolidation. (PRWeb Dec 7, 2005)

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